U.S. stocks are falling after stronger-than-expected retail sales

U.S. stocks were falling on Tuesday as disappointing data out of China and stronger-than-expected retail sales data in the U.S.…

J.P. Morgan warns of sharper-than-expected slump in China residential market

(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat…

Siemens to make solar energy equipment for US market in Wisconsin

(Reuters) – German conglomerate Siemens (ETR:SIEGn) said on Tuesday it will start producing solar energy equipment in the United States…

Fisker deal with Tesla to adopt NACS by 2025

California-based, emerging electric vehicle maker, Fisker (NYSE:FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ:TSLA)…

Morgan Stanley remains bullish as Ford plans JV in China

Morgan Stanley reiterated an Overweight rating on Ford Motor (NYSE:F) with a 12-month price target of $16.00 after documents released…

EV maker VinFast’s partner shines in premarket trade before Nasdaq debut

(Reuters) – Vietnam’s electric vehicle maker VinFast makes its debut on Nasdaq on Tuesday after a SPAC deal estimated at…

Futures drop as yields rise ahead of July retail sales data

(Reuters) – U.S. stock index futures fell on Tuesday as government bond yields hit fresh highs ahead of July retail…

Amazon Pharmacy automates discounts to help insulin patients get pledged prices

(Reuters) – Amazon.com (NASDAQ:AMZN) said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than 15 insulin…

Musk’s X social media platform shuts down promoted accounts ad business – Axios

(Reuters) – Social media company X, formerly known as Twitter, will no longer allow advertisers to promote their accounts within…

Carlsberg lifts 2023 profit forecast on solid first-half

(Reuters) – Danish brewer Carlsberg (OTC:CABGY) on Tuesday lifted its profit guidance for the full year after a “solid business…